Global investment bank Lehman Brothers announced that it has raised $1.6bn for a co-investment fund, and has already committed $330m among 10 transactions.
The Nordic investor has been busy in the last week with the acquisition of two Swedish healthcare companies.
The increasingly global private equity giant will use a Moscow base to pursue investments throughout Russia and Eastern Europe.
Having built up a team of roughly 20 professionals in the region, the Boston-based private equity giant will pursue buyouts across Asia through a dedicated vehicle.
Southern Cross, an Australian venture capital firm that was established only at the start of the year, has held a first close for an early-stage technology fund on A$100 million.
The Nordic alternative assets investor has followed up an exit earlier this week with an acquisition today.
The UK mid-market firm hopes to complete its buyout of British Car Auctions in the next month and to benefit from long-term growth trends in the UK and abroad.
The Bahrain-based firm has launched a $200 million venture fund that will make only ‘Islamically approved’ investments.
The US bank remains deliberately vague on the details, but in an interview its chief financial officer confirmed plans to reverse its 2004 decision to abandon private equity investing.
Stockholm-based Aberdeen Property Investors has announced a $91m first close for its Asia real estate fund of funds vehicle.